Lowcountry Aquatic Project Swimming Inc
EIN: 814634465 · Charleston, SC · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $73K |
| Net Assets | $2K |
Is Lowcountry Aquatic Project Swimming Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lowcountry Aquatic Project Swimming Inc
Lowcountry Aquatic Project Swimming Inc (EIN: 814634465) is a nonprofit organization based in Charleston, SC, classified under NTEE code N67. The organization reported total revenue of $62K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lowcountry Aquatic Project Swimming Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lowcountry Aquatic Project Swimming Inc is a micro nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2017–2020). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $73K |
| Surplus / Deficit | $-5,528 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -8.2% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2020, Lowcountry Aquatic Project Swimming Inc reported a deficit of $6K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2017–2020), Lowcountry Aquatic Project Swimming Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -43.9% | -46.5% | -70.6% |
| 2019 | -27.3% | -9.9% | -67.2% |
| 2018 | +82.1% | +73.5% | +145.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lowcountry Aquatic Project Swimming Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lowcountry Aquatic Project Swimming Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Lowcountry Aquatic Project Swimming Inc
Is Lowcountry Aquatic Project Swimming Inc a legitimate charity?
Lowcountry Aquatic Project Swimming Inc (EIN: 814634465) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: C.
How does Lowcountry Aquatic Project Swimming Inc spend its money?
Lowcountry Aquatic Project Swimming Inc reported $62K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lowcountry Aquatic Project Swimming Inc tax-deductible?
Lowcountry Aquatic Project Swimming Inc is registered as a tax-exempt nonprofit (EIN: 814634465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lowcountry Aquatic Project Swimming Inc located?
Lowcountry Aquatic Project Swimming Inc is headquartered in Charleston, South Carolina and files with the IRS under EIN 814634465. It is classified under NTEE code N67.
How many years of IRS 990 filings does Lowcountry Aquatic Project Swimming Inc have?
Lowcountry Aquatic Project Swimming Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $62K in total revenue.
Filing History
IRS 990 filing history for Lowcountry Aquatic Project Swimming Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2017–2020), Lowcountry Aquatic Project Swimming Inc's revenue has declined by 25.8%, moving from $91K to $67K. Total assets decreased by 76.4% over the same period, from $10K to $2K. Total functional expenses fell by 16.4%, from $87K to $73K. In its most recent filing year (2020), Lowcountry Aquatic Project Swimming Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $67K | $73K | $2K | $0 | — | — |
| 2019 | $120K | $136K | $8K | $0 | — | View 990 |
| 2018 | $165K | $151K | $24K | $0 | — | View 990 |
| 2017 | $91K | $87K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $67K, expenses of $73K, and assets of $2K (revenue -43.9% year-over-year).
- 2019: Revenue of $120K, expenses of $136K, and assets of $8K (revenue -27.3% year-over-year).
- 2018: Revenue of $165K, expenses of $151K, and assets of $24K (revenue +82.1% year-over-year).
- 2017: Revenue of $91K, expenses of $87K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lowcountry Aquatic Project Swimming Inc:
Data Sources and Methodology
This transparency report for Lowcountry Aquatic Project Swimming Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.